Banking & Financial Services
The launch of a new online investment dashboard now allows individuals to look at how COVID-19 funds are being spent in the state. Just over $1 billion in federal CARES Act investments were approved by the Governor’s SPARK taskforce and…
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The State of Kansas continues to see revenue growth over the same month of the last fiscal year. October’s total tax receipts were $596.6 million, an 11.7 percent or $62.6 million increase over the estimate. That is 7.9 percent, or…
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Kansas' State Finance Council unanimously approved investing up to $45 million more in COVID-19 testing across Kansas and to provide $20 million more for small businesses. The $65 million approved today is from the Coronavirus Relief Fund, which is part…
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The Federal Reserve Board on Thursday published detailed noncash payments data from the 2019 Federal Reserve Payments Study (FRPS). The additional data, estimated from surveys covering 2012 through 2018, supplement the noncash payments overview provided by the top-line data released…
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Growth in the U.S. economy during the third quarter sparked enthusiasm, data from the U.S. Commerce Department revealing a growth of 33.1 percent in annualized pace. Aided by a lift in business and production restrictions caused by COVID-19, growth seen…
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The latest investment for Missouri rural broadband expansion has brings in $91.5 million from the U.S. Department of Agriculture (USDA). Grant funding will be distributed through the national ReConnect Program, or Rural eConnectivity Pilot Program, originally launched in 2018. The…
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The U.S. Department of Housing and Urban Development (HUD) today awarded $699,997 to the University of Missouri – Kansas City (UMKC), included in the $9.4 million to 13 universities and public health organizations to improve our understanding of the longer…
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Governor Laura Kelly announced today that Kansans experiencing financial hardship due to the COVID-19 pandemic are eligible to receive up to $5,000 in rental assistance. Approximately $35 million of CARES Act funding is now available through the Kansas Eviction Prevention Program,…
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Missouri Senator Roy Blunt on Thursday commended the U.S. Department of Agriculture’s announcement that it is investing an additional $91.5 million in grant funding through the ReConnect Pilot Program to expand rural broadband in Missouri. The Fiscal Year 2020 government funding bill,…
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In the latest Beige Book, overall economic activity continued to increase across all districts, with the pace of growth characterized as slight to modest in most districts. Changes in activity varied greatly by sector. Manufacturing activity generally increased at a…
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